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SRP Expands Plans for New Solar Energy to 1,000 MW by 2025

LCG, November 20, 2018--Salt River Project (SRP) recently announced plans to add 1,000 MW of new utility-scale solar energy to its system by the end of fiscal year 2025. The new plan will accelerate the pace and increase the total capacity of SRP's solar energy resource plans by 700 MW relative to the current resource plans during the same timeframe. The new plan is driven by decreasing costs for solar power and customer's growing interest in solar energy.

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New York Issues Offshore Wind Solicitation

LCG, November 9, 2018--The Governor of New York yesterday announced a solicitation for 800 MW or more of new offshore wind projects to supply renewable energy to New York to combat climate change. The New York State Energy Research and Development Authority (NYSERDA) issued the Request for Proposals (RFP), which is the first key step in New York's plan to install 2,400 MW of offshore wind projects by 2030.

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Press Release

What can ERCOT expect in 2017? Two new studies published


LCG, February 27, 2017--Growth in ERCOT is an active area of research and debate for all Texas stakeholders. The region is undergoing unprecedented wind and solar development, billions of dollars in transmission upgrades, and the proposed integration with Lubbock Power & Light.

LCG Consulting has published two reports using its premiere grid modeling software, UPLAN, to model ERCOT in 2017 with 5-minute dispatch:

ERCOT 2017 Outlook Report. Outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.

ERCOT Q1 Resource Adequacy Report. Investigates the operational implications of strained network conditions in the ERCOT market.

These two reports oversee generation mix, discuss whether prices will remain relatively low compared to past years, how different zones compare, and what kind of congestion and curtailment stakeholders can expect and where it can be expected.

For more in depth analysis, LCG can provide tailored datasets, such as individualized generator performance, hourly prices, and much more.

LCG performed these studies using 5-minute dispatch and the industry’s most sophisticated and long-standing electricity model, the UPLAN Network Power Model. LCG has been modeling energy systems for more than 30 years and continuously sustains the most up-to-date information on every detail of the Texas grid, from minor and major transmission upgrades to gas prices and weather patterns.

For more information on LCG’s products and services, contact Julie Chien at julie.chien@energyonline.com
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Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service